Abu Dhabi – Mubasher: Gulf Capital, a private equity firm, is planning to invest AED 1.8 billion ($490,000) in 3 or 4 acquisition deals in the GCC, Egypt, and Jordan.
The Abu Dhabi-listed company is paying special attention to a group of sectors in the Saudi Market including technology, entertainment, electricity, water, oil, and transportation, CEO Karim El Solh told Mubasher.
Earlier this day, Gulf Capital announced the acquisition of a SAR 1 billion ($267 million) stake in Saudi Arabian Geidea, an electronic payment solutions provider.
